The month of April is the time of year when the grass begins to get green, the trees begin to send out their buds and the birds start building their nests. It is also the time that most of us dread. It is the last thirty days that we have to prepare our statement to tell the government how much money we owe them or they us. Some of us wait until the last day to prepare and submit that dreaded income tax return. Your 1998 return must be filed by April 3O. Revenue Canada will charge you a late filing penalty of 5% on your balance owing for 1998 plus 1% of your balance owing for each full month that your return is late, to a maximum of 12 months. If you are one of the procrastinators, here are some last minute reminders of deductions, which are sometimes missed.

The $500 exemption on scholarships and bursaries - Include only the net amount, after this exemption, in income.

Annual union, professional or like dues

Child care expenses

Moving Expenses

Carrying charges and interest expenses. You are allowed to deduct the interest you pay to buy Canada Savings Bonds through payroll deductions.

Registered pension plan contributions

Business investment losses